List of Zero Brokerage Trading platforms Mobile application

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List of Zero Brokerage Trading platforms Mobile & web application  If you are a trader looking to maximise profits, finding a zero-brokerage or low-fee trading app is essential. Explore the curated list below to discover the best platforms offering zero-brokerage services and minimal trading fees.


1. M Stock By Mirae asset

Looking to trade without losing money to high commissions? Explore our list of the best zero-brokerage and lowest-fee trading apps below

App Rating:

Rated approximately 3.6 to 3.8 out of 5 stars on the Google Play Store and Apple App Store, appreciated primarily for its low-cost pricing model, though some users report performance lags during peak market hours.

Segments Available:

Allows trading and investing in Equity (Delivery and Intraday), Futures & Options (F&O), Currency Derivatives, IPOs, Margin Trading Facility (MTF / Pay Later), and Direct Mutual Funds.

(Note: Commodity trading is currently not supported).


Intraday Trading Charges:

₹5 per executed order (or potentially zero depending on specific promotional/lifetime zero-brokerage plans opted for during account opening). Standard statutory levies like STT, Exchange Transaction Charges, SEBI charges, and GST apply additionally.


Delivery Trading Charges:

₹5 per executed order (or zero brokerage under specific upfront plans). Direct Mutual Funds and IPO investments are commission-free.

Website & App Login:

App Login: Available for Android and iOS via the m.Stock: MF, Stocks, IPO application.

Website Login: Accessible via the official web trading portal (trade.mstock.com) using client credentials authenticated via an OTP sent to a registered mobile number/email.


2. Flattrade Trading App Overview

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App Ratings

Rated around 4.3 to 4.5 out of 5 stars on the Google Play Store and Apple App Store, well-regarded by active and algorithmic traders for its zero-brokerage pricing model.

Segments Available:

Supports trading and investing across Equity (Delivery and Intraday), Futures & Options (F&O), Currency Derivatives, Commodities (MCX), Mutual Funds, ETFs, and IPOs.


Intraday Trading Charges:

₹0 (Zero Brokerage) across all intraday segments (Equity, F&O, Commodity, Currency). Standard regulatory and statutory fees (such as STT, GST, SEBI turnover charges, and stamp duty) apply additionally.



Delivery Trading Charges:

₹0 (Zero Brokerage) for long-term Equity delivery investments. Zero Account Maintenance Charges (AMC) for life on both trading and Demat accounts.


Website & App Login:

App Login: Available via the Flattrade - Stock, F&O, IPO mobile application (powered by the Noren Trading Platform architecture). Secured using a 6-digit user-generated passcode, pattern lock, or biometric verification (Fingerprint/Face ID).

Website Login: Accessible through the official web trading portal or browser-based trading terminals provided on the Flattrade website using client ID and password credentials, authenticated via an OTP security layer.

3. Shoonya by Finvasia Trading App Overview

App Rating:

Generally rated around 4.0 to 4.2 out of 5 stars on the Google Play Store and Apple App Store, widely valued by users for its true zero-brokerage model and zero AMC, though some feedback points to a less modern user interface compared to newer-age retail apps.

Segments Available:

Offers multi-asset trading across Equity (Delivery and Intraday), Futures & Options (F&O), Currency Derivatives, Commodities (MCX), ETFs, Mutual Funds, and Bonds.

Intraday Trading Charges:

0.03% or a maximum of ₹5 per executed order (whichever is lower). Standard statutory and government charges (such as STT, Exchange Transaction Charges, GST, and Stamp Duty) apply additionally.

Delivery Trading Charges:

₹0 (Absolute Zero Brokerage) for Equity Delivery. Investors only pay mandatory government and exchange turnover levies. Account opening and Annual Maintenance Charges (AMC) are also free.

Website & App Login:

App Login: Accessible via the Shoonya mobile app (Android and iOS).

Website Login: Accessible via the web trading platform (shoonya.com or its designated web trading portal) using user credentials backed by an OTP verification sent to the registered mobile number or email.




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